B-Stock Blog

Tackling your Liquidation Program with Technology

Around 3.5 billion items are returned to retailers each year adding up to over $260 billion worth of merchandise. A large portion of this inventory can’t go back on store or virtual shelves – due to diminished item condition, damaged packaging or product obsolescence – and is slated for liquidation. Luckily the ‘L word’ (in …

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Solutions for Excess and Returned Wireless Inventory

Millions of dollars in merchandise is returned to wireless retailers each year. Most of it can’t go back on store shelves due to diminished item condition, damaged packaging or product obsolescence. No matter the reason, that’s a significant amount of idle inventory taking up backroom space and subsequently costing money. Reducing internal time and costs …

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Using Technology to Tackle your Liquidation Program

Between buyer’s remorse, relaxed return policies and the substantial increase in online purchases (which come with an average return rate of 12%-15%), 3.5 billion items are returned to retailers each year. This adds up to around $260 billion of merchandise. A large portion of this merchandise can’t go back on store or virtual shelves – …

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Posted in: In The News

Reducing Internal Costs in the Handling of Returned Wireless Merchandise

Millions of dollars in merchandise is returned to wireless retailers each year, most of which can’t go back on the shelf due to diminished item condition, damaged packaging or product obsolescence. No matter the reason, that’s a significant amount of idle inventory taking up backroom space and subsequently costing money. Today’s retailing environment is intensely …

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Posted in: In The News

B-Stock Solutions Selected as a "2015 Great Supply Chain Partner” by SupplyChainBrain Magazine

B-Stock Solutions, a technology-enabled service company powering the largest network of B2B liquidation marketplaces, has been named one of SupplyChainBrain‘s “100 Great Supply Chain Partners.” B-Stock was nominated by one of its clients – a Fortune 500 home improvement retailer – for implementing a customized B2B marketplace solution for consumer-returned and overstock inventory that has …

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Posted in: Press Room

B-Stock Selected as a SupplyChainBrain "Great Supply Chain Partner"

We are pleased to be one of SupplyChainBrain’s “100 Great Supply Chain Partners” for 2015. The list of 100 is the result of a six-month process where supply chain professionals were asked to nominate service providers whose solutions have made a significant business impact. B-Stock was nominated by one of our clients for implementing a …

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Send It Back: More Online Spending Means More Returns

These days, you’d be hard pressed to find a major retailer that doesn’t offer an online platform or store to purchase items from, and for good reason: now more than ever consumers are heading online to make purchases. In fact, current statistics show that 89% of consumers prefer to shop online – not surprisingly – …

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Amazon's Woot launches a B2B auction site for excess merchandise

Woot, a daily-deal retail site and Amazon.com Inc. subsidiary, recently launched a business-to-business e-marketplace—Woot Liquidation Auctions—where merchants and other businesses can buy excess merchandise. The online B2B auction site, developed by B-Stock Solutions and located online at Woot.BStockSolutions.com, allows business buyers to bid on new, excess merchandise. Businesses can buy anything on the site from a …

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Posted in: In The News

Rethinking Recovery: Using Data and Technology to Tackle Customer Returns and Overstock

Retailers and manufacturers liquidate more than 95 percent of customer returns and overstock inventory on the secondary market, making it very important for them to be smart about liquidation and perhaps rethink whatever program(s) they have in place. Traditional liquidation methods, including selling this distressed inventory to one or two liquidators, always leave money on …

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Posted in: In The News